Q&A: Henderson head of investment trusts

Lawrence Gosling talks to James de Sausmarez, director and head of investment trusts at Henderson Global Investors, about the advantages and disadvantages of using investment trusts in a client's portfolio

A number of people are saying RDR could really kick start the investment trust industry – do you agree or disagree? There is no downside to RDR. Without doubt there will be an increasing amount of interest as a result of RDR because broadly speaking it will put investment trusts on a level playing field financially with open-ended funds. We do, however, have to recognise investment trusts remain by any standards a higher risk investment than an open-ended fund. Why would you say that? Because of the nature of investment trusts and the way they are priced. We will still have a du...